Met Suraksha is a pure term plan, which covers only the risk of death. You have an option of paying single premium, limited premium for 3 years or regular annual premiums. The maximum age of entry is 60 years and maximum maturity age is 65 years. Riders are also available with this plan.

Met Suraksha TROP:

Met Suraksha TROP is a pure term plan, where all the premiums paid during the term of the policy along with guaranteed additions are paid to the policyholder on survival till the entire term. On death, the basic sum assured is paid to the nominee. You have an option of paying single premium, limited premium for 3 years or regular annual premiums. The minimum sum assured is Rs.2 lakhs. The maximum age of entry is 50 years and maximum maturity age is 65 years. Riders are also available with this plan.

Met Mortgage Protector Plus:

Met Mortgage Protector Plus is a decreasing term insurance plan that provides you life cover against your home loan. There is single premium and limited premium payment option available. On death during the term, the outstanding loan amount is paid to the nominee.

Met Protect:

This is an online term plan. The minimum sum assured is Rs.25 lakhs. The premiums are lower for non-smokers. The maximum age of entry is 60 years and maximum maturity age is 70 years. On death, the basic sum assured is paid to the nominee.

MetLife Insurance Savings Plans

Met Sukh:

Met Sukh is a traditional money back plan. The specific percent of sum assured is paid as survival benefits after every 5 years. On maturity, Guaranteed Additions 10% of sum assured is paid along with the survival benefit. In case of death, during the term, the sum assured is paid along with the guaranteed additions. The plan has a fixed term of 20 years. Riders are also available with this plan.

Met Saral:

Met Saral is a traditional endowment plan, with a fixed sum assured of Rs.1 lakh only. The minimum entry age is 15 years and maximum is 50 years. On death or on maturity whichever is earlier the sum assured will be paid.

MetLife Insurance Child Plans

Met Bhavishya:

Met Bhavishya is a traditional savings cum money-back child plan. You have two options in the policy to choose term upto 21 years age of child or 25 years age of child. The sum assured is paid at specific intervals depending upon the option opted in the plan. Guaranteed periodic of 5% of sum assured is also paid on maturity. On death of the parents during the term of the policy, the basic sum assured is paid immediately, the further premium payment is waived off and as the survival benefits are paid to the child in installments till maturity. Riders are also available with this plan.

Met Smart Child:

This is a ULIP, where the investment risk is to be borne by the policyholder. The premium payment term is limited depending on the premium. On death of the parent during the term of the policy, the sum assured is paid and the future premium payments are waived and the insurance company pays the future premiums till the maturity; on maturity the fund value will also be paid to the beneficiary. In case of death of the child, during the term of the policy, the fund value is paid to the parent. On maturity, the fund value is paid. There is an inbuilt accidental benefit in the plan, where additional sum assured is paid incase of an accidental death or permanent total disability.

MetLife Insurance Retirement Plans

Met Monthly Income Plan:

This is a traditional pension plan, which pays you a fixed monthly income for 15 years after a specific term (i.e. the policy term). The maximum entry age is 60 years and maximum maturity age is 85 years. On maturity, only the bonuses accrued during the term is paid. On death during the premium payment term, the sum assured is paid immediately and the monthly income is paid to the nominee for 15 years. On death after the premium payment term, 25% of sum assured is paid immediately and the monthly income is also paid to the nominee till the balance term till maturity.